To: steve goldman who wrote (5597 ) 2/26/1998 9:37:00 PM From: LastShadow Read Replies (3) | Respond to of 120523
Watch list 2/27: SYMBOL CLOSE CHANGE CHANGE % AKLM 5.031 0.562 12.59% COMS 35.187 0.062 0.18% COTTF 8.500 0.187 2.26% IBM 105.500 0.250 0.24% IOM 9.187 0.125 1.38% PXD 22.937 0.875 3.97% SPYG 7.750 0.625 8.77% SYBS 10.000 -0.063 (0.63%) Long/Bullish List: SYMBOL CLOSE CHANGE CHANGE % PNF 5.375 1.375 34.37% AMD 25.125 3.375 15.52% INDV 5.375 0.594 12.42% NOVL 10.000 1.031 11.50% SPYG 7.750 0.625 8.77% NT 53.062 2.187 4.30% NOBE 58.000 2.125 3.80% DIMD 14.375 0.500 3.60% PFP 13.500 0.375 2.86% AMMB 33.625 0.812 2.48% CPU 34.750 0.625 1.83% CUBE 21.687 0.375 1.76% KMET 21.875 0.375 1.74% FEET 16.687 0.187 1.14% ZOOM 8.562 0.062 0.74% TXN 61.500 0.250 0.41% COMS 35.187 0.062 0.18% Actually, I'm not very bullish on anything. But these look the safest. Over half of my 125 ticker 'detailed analysis' database was giving positive indication at day's end. All the mutuals were up, and only one Index was down. The problem was that almost every stock was showing 80% or better %k stochastic - very overbought. As for PNF, I set buy stop at 4.25 and called to see if it filled by noon. It did so I set the sell stop at 5, and that took. PNF historically swings up and down so there should be plenty of entry opportunities next week. I will look to enter at open tomorrow, but it will only be a day trade, regardless what the strength is. the volume was slight enough today to figure tomorrow would be profitable. If it drifts down after the selloff early next week to the mid to low 4's I will reenter - I will post it. PQT, PXD, COMS and SYBS could all open up as well tomorrow morning. As for the market, my analysis leads it, and even though the numbers were good today being up again is not a good sign. Were the market to soften, with advance/decline changes positive instead of negative, and if I saw a little more balance, or some volume in the right places rather than as many jumps and gaps up and down... But I don't. lastshadow